https://www.taxtmi.com/forum/issue?id=113068 Where cumulative cash deposits in a savings bank account exceed the specified threshold in a fiscal year, the taxpayer will be required to prove the source of income and provide a factual justification for such deposits if called upon by tax authorities; the sole reply advises that the depositor must substantiate the source and justify the deposits. en-us Sat, 18 Nov 2017 12:11:03 +0530 Thu, 23 Jan 2025 15:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113068 Where cumulative cash deposits in a savings bank account exceed the specified threshold in a fiscal year, the taxpayer will be required to prove the source of income and provide a factual justification for such deposits if called upon by tax authorities; the sole reply advises that the depositor must substantiate the source and justify the deposits. Discussion-Forum Income Tax Sat, 18 Nov 2017 12:11:03 +0530 https://www.taxtmi.com/forum/issue?id=113068